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- Odds are now given on Australia and Canada to hold a referendum on the Monarchy
- UK were 8/1 to hold referendum on Monarchy when last market was live
- Further specials given on the Royal Family look at Prince Harry's odds of leaving the USA
Odds are now given on Australia and Canada to hold a referendum on the Monarchy
King Charles reign continues into 2024 following the death of his mother Queen Elizabeth II on 8 September 2022 and his reign as monarch and head of state sees odds offered on potential changes in the monarchy.
It's felt that Queen Elizabeth's death could see several countries in the commonwealth choose to change how their country is ran and potentially end having a monarchy reign over them.
There are currently 15 Commonwealth realms with nine in North America, five in Oceania and the United Kingdom itself with more than 150m under the Monarchy.
The latest bookmaker odds now give a 4/1 chance of both Australia and Canada holding a referendum on abolishing the Monarchy in their respective countries before 2030.
| Referendum on Abolishing Monarchy before 2030 | Odds | Probability |
|---|---|---|
| Australia | 4/1 | 20.0% |
| Canada | 4/1 | 20.0% |
| United Kingdom | 8/1 | 11.1% |
What the expert says...
UK were 8/1 to hold referendum on Monarchy when last market was live
The betting market originally offered odds of 8/1 that the Monarchy would be voted on in the UK before the end of 2024 but now that end date has changed to 2030.
Smarkets are currently still offering odds that the referendum on the Monarchy takes place in 2024 but those odds are well out to 500/1 to happen in the next 8 months.
Odds had shortened following a YouGov poll that showed a nine point increase in the desire for a referendum since September 2022 with support growing for a vote against the Monarchy.
Top 10 Political Betting Websites in the UK
Further specials given on the Royal Family look at Prince Harry's odds of leaving the USA
Prince Harry and Meghan Markle also have a bunch of betting specials offered around their 2024 including odds that Harry is DEPORTED from the USA.
Bookies have offered odds that it happens following Donald Trump's interview with Nigel Farage on GB News where the topic was mentioned.
Farage asked Trump if Prince Harry would receive any special privileges if he was found to have lied about his drug use on his visa application to which Trump replied, "No. We’ll have to see if they know something about the drugs, and if he lied they’ll have to take appropriate action".
| Harry and Meghan Betting Specials | Odds | Probability |
|---|---|---|
| Harry & Meghan to divorce | 4/1 | 20.0% |
| Harry & Meghan to host Saturday Night Live | 8/1 | 11.1% |
| Prince Harry to be deported from the USA | 16/1 | 5.9% |
| Harry & Meghan to star in The Simpsons | 18/1 | 5.3% |
Current Affairs Author Contribution
Current Affairs Betting Expert
Jake Ashton
- Your Betting Odds Guide 👍
